F&B Units for Rent on Wai Tsui Crescent, Hong Kong

Why rent a restaurant on Wai Tsui Crescent, North Point, Hong Kong?

Renting a restaurant on Wai Tsui Crescent in North Point, Hong Kong offers exceptional business opportunities due to its prime location and strategic advantages. This vibrant street in North Point provides restaurant owners with high foot traffic from both local residents and tourists exploring the authentic Hong Kong dining scene. Wai Tsui Crescent benefits from excellent transportation links, including nearby MTR stations and bus routes, making it easily accessible for customers throughout Hong Kong Island. The area is known for its diverse culinary landscape, creating a food-focused environment where restaurants can thrive alongside established eateries and food markets. Restaurant rental costs on Wai Tsui Crescent are typically more affordable compared to Central or Tsim Sha Tsui districts, while still offering significant exposure to Hong Kong's dining market. The North Point location attracts a mix of office workers, residents, and food enthusiasts seeking genuine local dining experiences, providing restaurant operators with a steady customer base throughout different times of the day. Additionally, Wai Tsui Crescent's proximity to residential complexes and commercial buildings ensures consistent demand for quality dining options, making it an ideal location for restaurant rental investment in Hong Kong.

How much does it cost to rent a restaurant on Wai Tsui Crescent, North Point, Hong Kong?

The cost to rent a restaurant on Wai Tsui Crescent in North Point, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and condition of the property. Restaurant rental prices on Wai Tsui Crescent vary significantly based on factors such as floor area, street-level accessibility, existing kitchen facilities, and proximity to the North Point MTR station. Ground floor restaurant spaces with prime visibility generally command higher rents of HK$150,000 to HK$200,000 monthly, while upper floor or smaller restaurant units may be available from HK$80,000 to HK$120,000 per month. Additional costs for renting a restaurant in North Point include security deposits equivalent to 2-3 months rent, government rates and management fees, plus potential renovation expenses to customize the space for your specific restaurant concept. Property agents specializing in North Point commercial rentals recommend budgeting approximately 6-8 months of rent for initial setup costs when planning to open a restaurant on Wai Tsui Crescent, as this popular dining district attracts both local residents and tourists visiting the North Point waterfront area.

What type of restaurant can be found on Wai Tsui Crescent, Causeway Bay, Hong Kong?

Wai Tsui Crescent in Causeway Bay, Hong Kong features a diverse selection of restaurants catering to various dining preferences and budgets. This popular Hong Kong dining destination is home to traditional Cantonese restaurants serving authentic dim sum and roasted meats, modern fusion establishments blending Asian and Western cuisines, casual cafes offering local Hong Kong-style milk tea and breakfast sets, upscale fine dining venues, and international restaurants including Japanese sushi bars, Korean barbecue spots, and Western bistros. The restaurant scene on Wai Tsui Crescent reflects Causeway Bay's reputation as one of Hong Kong's premier food districts, where visitors can experience everything from street food-inspired eateries to sophisticated dining establishments, making it an ideal location for food enthusiasts exploring Hong Kong's vibrant culinary landscape.